Gold & silver rally over weaker US dollar as Fed’s money printing goes into overdrive

The prices of precious

The prices of precious metals rose on Tuesday, with gold nearing $2,000 per ounce, as the US dollar extended its losses, slumping to a more than two-year low.

December gold futures on Comex were up around one percent, nearing the benchmark level of $2,000. Spot gold also added over one percent, trading at $1,987 per ounce. Meanwhile, silver has outperformed bullion’s gains, jumping around 1.8 percent to $29.11 per ounce.

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